business news

14 Jan 2022
--- This week in nutrition news, DSM created a new integrated Food & Beverage group to align more closely with emerging customer and market needs. The F&B platform includes DSM’s Food Specialties, Hydrocolloids and... Read More
13 Jan 2022
--- Chr. Hansen is reporting a “stronger-than-expected” start for its Human Health business in its Q1 2021/2022 results. The Denmark-based company says this is driven by market rebound. “[Another aspect making... Read More
07 Jan 2022
--- The Pelargonium sidoides plant has “significant commercial and healing potential in the world of natural cold and flu phytomedicines,” Steven Hurt, CEO and director of South Africa-based Afrigetics Botanicals,... Read More
03 Jan 2022
--- Sweden-based probiotics business BioGaia has signed an agreement to acquire all shares in Nutraceutics Corporation. The deal is being conducted through its US subsidiary, BioGaia Biologics Inc, and Nutraceutics holds all... Read More
15 Dec 2021
--- Provectus Algae has secured US$11.4 million in a pre-series A funding round for its natural and biosynthetic specialty ingredients. This also marks the first cornerstone investment from Hitachi Ventures’ new fund,... Read More
10 Dec 2021
--- This week in nutrition news, Glanbia Nutritionals partnered with Ixoreal Biomed to optimize KSM-66 Ashwagandha root extract with NutraShield technology to provide functional and application dosage improvements.... Read More
03 Dec 2021
--- This week in nutrition news, Swiss biotech company Evolva sold 63.8 million shares to Veraison, an independent asset manager. Nutrisure unveiled what is pegged as the “UK’s first” superfood brand for... Read More
26 Nov 2021
--- This week in nutrition news, ACG, a provider of nutraceutical solutions, is set to open Asia’s largest capsule manufacturing site in Maharashtra, India. BASF has developed a project organization called “Net Zero... Read More
22 Nov 2021
--- ADM has completed its acquisition of Deerland Probiotics & Enzymes. While the financial details of the purchase have not been released, the agri-food giant is setting its sights on diversifying its health and wellness... Read More
19 Nov 2021
--- This week in nutrition news, Nuun, a brand of Nestlé Health Science, earned B Corporation (B Corp) certification due to its public transparency and verified standards. Nutritional supplement brand Cymbiotika is... Read More
12 Nov 2021
--- This week in nutrition news, Glanbia plc announced it will sell its 40% holding in Glanbia Ireland to Glanbia Co-op for €307 million (US$351 million). Amazon set new requirements for third-party certification with its... Read More
11 Nov 2021
--- Active nutrition ingredients company Nutrition21 has been acquired by Everwell Health Holdings, a new consumer health and wellness functional ingredients platform established by private equity firm RoundTable Healthcare... Read More
10 Nov 2021
--- Chr. Hansen and Lonza’s joint venture Bacthera and microbiome therapeutics company Seres Therapeutics are teaming up to manufacture SER-109, Seres’ lead product candidate for recurrent Clostridioides difficile... Read More
08 Nov 2021
--- Hofseth BioCare (HBC) has seen “continued steady progress” with its commercial execution during Q3 2021. Notably, its work to develop a new consumer health brand continued to gather momentum in the quarter, and... Read More
05 Nov 2021
--- This week in nutrition news, Aqua Spark, a global investment fund, acquired 12.1 million shares in Hofseth BioCare (HBC). Research published in the Journal of Nutrients found that Nutrition21’s nooLVL provides... Read More
29 Oct 2021
--- This week in nutrition news, BASF continued strong performance in Q3 2021 with sales growth of 42% to €19.7 billion (US$22.9 billion). The Kerry Group also announced its Q3 interim management statement for 2021, with... Read More
22 Oct 2021
--- This week in nutrition news, BGG World (BGG) introduced astaxanthin in oleoresin form – an addition to its existing astaxanthin range – following National Organic Program (NOP) certification of its AstaZine.... Read More
19 Oct 2021
--- ADM is targeting the growing Chinese market for human probiotics through a new joint venture (JV) with Qingdao Vland Biotech Group (Vland), a biotechnology company specializing in enzymes and probiotics.
15 Oct 2021
--- This week in nutrition news, Chr. Hansen met its expectations of delivering 7% organic growth for the 2020/21 period. The growth is reflected by the company’s portfolio expansion with the acquisitions of HSO Health... Read More
13 Oct 2021
--- Colorcon Ventures, the corporate venture fund of Colorcon Inc., has invested an undisclosed sum in UK-based Remedy Health, which specializes in 3D printing personalized gummy stacks.